Stock Alerts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Apple Inc. (AAPL) Fell Sharply On IPhone 5 News

RELATED NEWS
Trade AAPL now with 
1/15/2013 7:10 AM ET

Apple Inc. (AAPL: Quote) is said to have cut its orders with LCD panel suppliers for the iPhone 5 for the 2013 first quarter by nearly 50% owing to weak demand. The tech giant also reportedly trimmed orders for other screen sizes as well. Further, the company is reportedly dialing down its orders for components other than screens.

Apple gapped open sharply lower Monday, but traded in a range throughout the session. The stock finished down by 18.55 at $501.75 and closed testing the lower end of over a 2-month range.

Click here to receive FREE breaking news email alerts for Apple Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

comments powered by Disqus